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Binance to Set Up Indonesia Crypto Bourse With MDI-Led Group

  • MDI Ventures is a venture-capital unit of Telkom Indonesia
  • Partnership is to build more ecosystem for crypto, blockchain
Zhao Changpeng, founder and chief executive officer of Binance.

Zhao Changpeng, founder and chief executive officer of Binance.

Photographer: Bryan van der Beek/Bloomberg
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Binance Holdings Ltd. has set up a joint venture to develop a digital-asset exchange in Indonesia with a unit of a local telecommunications operator.